The invention relates to a video playing method based on a WAP gateway, a WAP gateway, and a system. The video playing method includes: an access request being judged by the WAP gateway, when the access request of a terminal browser is received by the WAP gateway; when the access request is a video playing request, obtaining video resources from a service providing server according to the video playing request; and sending the processed video resources to the terminal browser, after the video resources are processed. According to the video playing method based on the WAP gateway, the WAP gateway, and the system: a VO video processing module is added in the WAP gateway to carry out process flow such as compression, code conversion, and buffering, so that wireless bandwidth occupation is saved, and interaction and waiting time for providing a server for video service request; and a equalized distribution mechanism by polling is employed for forwarding a video request, code flow of a wireless channel is decreased at busy time and increased at free time, and meanwhile the code flow is adjustable according to the an attribute dynamic of a user, so that load on the gateway is relieved and video playing experience of the user is enhanced.